For most of us, there’s nothing simple about planning for retirement. We sweat it out trying to figure out that magic number we need to step out of the workplace. And then there’s when to tap Social Security. In his new book, “Retire Today: Create Your Retirement Master Plan in 5 Simple Steps,” Jeremy Keil, a certified financial planner, tries to put a damper on all that anxiety. His low-key, “you’ve got this” approach slides through all the planning basics from trimming taxes to investing in your retirem ...

Discover how starting early and saving more can help you avoid common retirement regrets, build lasting financial security, and enjoy greater freedom in your later years. https://t.co/O88gELxXiy ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. After decades of being defined by high-powered roles, influence, and constant decision making, the transition to life after work for corporate executives can feel disorienting. “That can be a tremendous shift for individuals, especially with the audiences they can command and the importance they’ve had from their roles,” said Amy Permenter, head of corporate executive planning at the Planni ...

Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate benefits like Social Security and Medicare. Retirement planning means you’ll have to consider taxes, healthcare, your retirement budget and more. With $1.5 million in an IRA and two Social Security payments to rely on, a married couple should have some flexibility for retirement, but their individual circumstances and how they strategize can make a big difference in their quality of life. H ...

Working in your 50s can be scary and stressful: retirement is getting closer, and you may be worried you don’t have enough savings. Plus, what if things suddenly take a turn and you lose your job sooner than expected? Will another company take a chance on somebody your age? Imagine Lauren, who is 55 and harboring exactly those fears. She’s a single mom, and her two teenage children will be applying to college soon. Must Read Even though she makes $90,000 a year, she lives in a city with a high cost of l ...

On this episode of Decoding Retirement, host Bob Powell discusses executive retirement with Amy Permenter, executive wealth strategist for Bank of America, revealing the essential steps to take to ensure your golden years are as successful as your working years. Amy speaks about the importance of understanding your company's benefits, navigating identity transition, and preparing for potential out-of-pocket healthcare costs. You don't have to be an executive to benefit from the practical retirement advice o ...

financial services, capital markets, I mean hundreds of years old. This company was really rooted in a lot of it. And and when you think about innovating in again old industry, it's no different than with TIAA.Like I said, we invented the annuity, but how do we make sure that that 23y old or 25year-old understands that they may live to 100 years old, right. How do you engage them to say, "Hey, you don't have to understand every nuance of the sharp ratio or what asset allocation means, but you better make su ...

I’ve received letters from the thrift savings plan (TSP) and from my IRA holder that I am subject to RMDs this year. I’ve also been advised that converting these qualified funds to annuities and beginning distributions (which would then be completely taxable) satisfies the RMD requirements, which would then no longer apply. What are your feelings about converting qualified funds to annuities? – Robert   Required minimum distributions, or RMDs. The much-maligned and largely unavoidable bane of retirees' exi ...

We analyzed income, sales, and property taxes nationwide to find six U.S. charming towns offering retirees the lowest overall tax burdens. https://t.co/D0R0zFAjfA ...

“If I work an extra year I’ll get about $4,600 a month from my retirement.” (Photo subject is a model.) - Getty Images/iStockphoto Dear Quentin, I am 64 and hope to retire next year. I have $140,000 in savings and about $260,000 in my retirement fund. I take in about $2,200 in monthly rent from four properties and will get about $700 in Social Security. All of my homes and vehicles are paid for and I have no debt. If I retire next October, I will get about $3,600 a month in my retirement. If I work an e ...